COVID-19 Financial Relief Options for
Studio Teachers, Performers, and Small Businesses
The CARES Act passed by the U.S. government provides relief for self-employed persons, sole proprietors, small businesses, and independent contractors financially impacted by COVID-19. You may fall into one of these categories as a studio teacher, small business, and/or performer (independent contractor).
Economic Injury Disaster Loans (EIDL) are now only available to U.S. agricultural businesses. Loans through the Paycheck Protection Program (PPP) are still available to those that qualify. The U.S. Small Business Administration (SBA) resumed accepting PPP applications from participating lenders on April 27, 2020.
Please contact your financial advisor, bank representative, or accountant to see if you are eligible for relief. Refer to the SBA website
for the most up-to-date information and to find out who can apply.
Unemployment Insurance Relief
The CARES Act gives states the option of extending unemployment compensation to independent contractors and other workers who are ordinarily ineligible for unemployment benefits. Please contact your state’s unemployment insurance office
to learn more about the availability of these benefits where you live.
COVID-19 Emergency Loans: Small Business Guide
(U.S. Chamber of Commerce)